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Looking for a good career? Look to the railroads
By year-end 2014, U.S. Class I railroads will have hired 45,000 employees since 2012, including an estimated 9,900 military veterans. Some 17,000 will have been hired this year, far exceeding…
Skanska venture gets LA Purple Line contract
The Skanska joint venture including Traylor Brothers, Inc. and J.F. Shea Construction has been awarded a $1.6 billion design-build contract by the Los Angeles County Metropolitan Transportation Authority (LACMTA) to…
AAR: “An enormous amount of freight”
The Association of American Railroads on Nov. 6, 2014 reported increased U.S. rail traffic for the week ending Nov. 1, 2014, for the month of October 2014, and for the…
Post-election: Railroads look OK; rail labor, Amtrak not so good
What does Senate Republican control and the largest House Republican majority since the 1940s mean for railroad reregulation, Amtrak’s future, high- and higher-speed rail, transit funding, Positive Train Control (PTC),…
BNSF: We’re ready for winter
BNSF says it will go into the 2014-2015 winter season “better prepared than ever before, especially if the U.S. experiences a return of the polar vortex. The 2013-2014 winter was…
CP Holiday Train ready to roll
Canadian Pacific’s Holiday Train program is returning to the rails for a 16th year to raise money, provide food, and promote awareness for food banks and hunger issues across Canada…
Class I CEOs diverge on the merits of mergers
During third-quarter 2014 earnings presentations, two Class I CEOs with considerable experience in mega-mergers expressed opposing viewpoints on the merits of a final round of railroad mergers that would presumably…
CN reports record 3Q 2014 results
CN has reported record financial and operating results for the third quarter and nine-month period ended Sept. 30, 2014.
CP + CSX: “No further talks are planned”
Breaking its relative silence, Canadian Pacific Railway announced Oct. 20, 2014 that it is no longer pursuing CSX as a merger partner. “Exploratory conversations held with CSX Corp. about a…
Strato honored by N.J. manufacturing industry
Piscataway, N.J.-based Strato, Inc., says it has been named New Jersey Manufacturer of the Year 2014 by NJBIZ, a business publication.
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